Wednesday, March 25, 2020

Facebook reported that total messaging on its services has increased more than 50% over the past month in Italy and other countries hit hardest by Covid-19. Moreover, in some places, voice and video calling have more than doubled on Messenger and WhatsApp, Facebook said. "The usage growth from Covid-19 is unprecedented across the industry, and we are experiencing new records in usage almost every day."

However, the company added: "We don’t monetise many of the services where we’re seeing increased engagement, and we’ve seen a weakening in our ads business in countries taking aggressive actions to reduce the spread of Covid-19." Source: Facebook statement